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Cable Update (GBPUSD)

  • #442,181
  • Oct 3, 2016 7:20am Oct 3, 2016 7:20am
Quoting razzaqshahid
{image}
is that where you get your trading advice from?

There are strong selling orders pending around 1.33 level.
Dont be surprised as market climbs to take on fresh sells from higher and shaking of weak sellers in the process
  • #442,182
  • Oct 3, 2016 7:22am Oct 3, 2016 7:22am
Quoting P.Action
{quote} not 0.8715 it is 0.8705 dude. anyway good cathching {image}
to be fair my broker has it as 0.8715 not 0.8705
  • #442,183
  • Oct 3, 2016 7:24am Oct 3, 2016 7:24am
hi everyone, please be careful as the gbp price is on yearly s3 line which is 1.2861 so longs are all lined up in order books,be careful
  • #442,184
  • Oct 3, 2016 7:31am Oct 3, 2016 7:31am
Quoting magicpips
hi everyone, please be careful as the gbp price is on yearly s3 line which is 1.2861 so longs are all lined up in order books,be careful

...very big nervosity in the market. Look at eurjpy, eurusd, usdjpy: only going sideways like a clear line. No one knows what will happen...
  • #442,185
  • Oct 3, 2016 7:32am Oct 3, 2016 7:32am
...waiting for breakouts in both directions...
  • #442,186
  • Oct 3, 2016 7:32am Oct 3, 2016 7:32am
Quoting salmani-one
{quote} ...very big nervosity in the market. Look at eurjpy, eurusd, usdjpy: only going sideways like a clear line. No one knows what will happen...
Arent the euro pairs going side ways because of the public holiday?
  • #442,187
  • Oct 3, 2016 7:35am Oct 3, 2016 7:35am
Quoting Don96
{quote} min bull target is 1.361x/3x... shorts from 1.348x offer good RR... bears on a larger scale have 1.241x/6x as a min target... i prefer the first one... more complicated bears at 1.3350/1.333x have 1.314/2 to catch, just under is bull numbers in pink... {image} {image}

  • #442,188
  • Oct 3, 2016 7:36am Oct 3, 2016 7:36am
Quoting USD-charts
{quote} Arent the euro pairs going side ways because of the public holiday?
... I don't think so. London is open, dax is running. Maybe a little bit less Volume only...
  • #442,189
  • Oct 3, 2016 7:37am Oct 3, 2016 7:37am
Quoting salmani-one
{quote} ... I don't think so. London is open, dax is running. Maybe a little bit less Volume only...
Also we are now in US Session....
Don't Leave Money on the Table
  • #442,190
  • Oct 3, 2016 7:39am Oct 3, 2016 7:39am
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Attached Image
  • #442,191
  • Oct 3, 2016 7:39am Oct 3, 2016 7:39am
Quoting HaLBot
{quote} Also we are now in US Session....
I thought the holiday would have an effect in terms of volume of money, since those banks wouldnt be operating. Well german ones
  • #442,192
  • Oct 3, 2016 7:44am Oct 3, 2016 7:44am
Quoting USD-charts
{quote} I thought the holiday would have an effect in terms of volume of money, since those banks wouldnt be operating. Well german ones
I'm sure it has had an effect, maybe we didn't notice it?...but were now in US session

Bulls are fighting hard to stay in the game....maybe there is no serious move south because traders are waiting for US news???
Don't Leave Money on the Table
  • #442,193
  • Oct 3, 2016 7:48am Oct 3, 2016 7:48am
Got some pips on the pull back on both Cable and GBPAUD- nothing like this morning
If something major happens in one event - quite often traders for the next session will jump on it when their session opens
  • #442,194
  • Oct 3, 2016 8:04am Oct 3, 2016 8:04am
I have Vpoc at 2868....but looks like it's gonna break lower now....
Don't Leave Money on the Table
  • #442,195
  • Oct 3, 2016 8:08am Oct 3, 2016 8:08am
Only 40 pips to 1.28- US motor sales seem to be doing well
  • #442,196
  • Oct 3, 2016 8:14am Oct 3, 2016 8:14am
Love the US session no mucking about they just go for it
  • #442,197
  • Oct 3, 2016 8:19am Oct 3, 2016 8:19am
Quoting actionmoney
{quote}
?
  • #442,198
  • Oct 3, 2016 8:20am Oct 3, 2016 8:20am
Quoting Don96
{quote} Same levels, they are still in play... 1.38 - 1.41 1.2831/2 then i suppose... {image}
well should produce 990 pips here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 4 KB
  • #442,199
  • Oct 3, 2016 8:21am Oct 3, 2016 8:21am
looks like a smooth ride down
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily24.png Size: 44 KB
I'm high on trading, cant you tell?
  • #442,200
  • Oct 3, 2016 8:22am Oct 3, 2016 8:22am
Quoting HaLBot
I have Vpoc at 2868....but looks like it's gonna break lower now....
yeah the news might help finish the job
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